Pensions - Articles - Torsten Bell stays on as Pensions Minister


Last night it was confirmed that Torsten Bell would remain Pensions Minister under the new PM Andy Burnham.

David Brooks, Head of Policy at Broadstone, commented:“Given the significant pensions policy agenda currently flowing through the Pension Schemes Act alongside other reforms, it is pleasing to have continuity for the sector.
 
“There is a big opportunity – through the expansion of CDC, unlocking surplus capital and delivering pensions dashboards to name just a few – to make a tangible difference to workers, savers, providers and UK plc.
 
“Pension policy is a long-term game which needs focus and consistency to ensure the current reforms are implemented in a way that will deliver a sustainable, trusted retirement savings framework for the millions who depend on it in later life.”

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